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`I4iIS INS`I'RI~3JI' PREP~ID BY• lc Cotintv
BII~'ICIAL NI~R'IGd1GE CORPORATI(7N Dac• "1 ~ C'.crk of Circui~, (•,,~rt
2699 LEE R~C1AD - SUITE 303 i~t '!'w: ; /
3___.
~ By , - -
WINPF~Et PARK, FIARTL~ 32789 'I ,.r?t i~y...~r ~W~tY Clrl~
[Space Above This Line For Recording Data)
MURTGAGE
THIS MORTGAGE ("Security Instrument') is given on JANUARY 2 6, 19 9 0 .
The mortgagor is MELVIN E. GRAHAM , a single person
("Banower').
This Security Instrument is given to BENEFICIAL MORTGAGE CORPORATION
which is organi7,ed and exis[ing uader the laws of THE STATE OF DELAWARE , and whose address
u 200 Continental Drive, PO Box 6082, NEWARK, DELAWARE 19714 - 6082
("Lender'). Borrower owes l,ender the principal sum of
SIXTY-FIVE THOUSAND AND NOf 100-----------------------------------------------
Dollars (U.S. S 65, 000 . 00
This debt is evidenced by Borrower's note dated the saime date as this Security Instrument ("Note'), which provides for monthly
payments, with the full debt, if not paid earl~er, due and payable on FEBRUARY O1, 2U05 . This
Secwity Instrument secures to Lender: (a) the repayrnent of the debt evidenced by the Note, with interest, and all renewals,
extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security
of this Security Instrument; and (c) the performance of Bonower's covenaats and agreements under this Security Instrument and
the Note. For this purpose, Borrower does hereby mortgage, grant and convey to Lender, the following described property
located in ST. LUCIE County, Florida:
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~ In. t~0, Block 59, Il~IDIAN RI~2 ES'g1TFS L7NIT NII~, acoording t~o the Plat
E there~f, as recorded in Plat Book 10, at ~ge 74, of the Public Records
~ of St. Lucie Co~ty, Florida.
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~ ,i~hich has the address of 5609 ORANGE DRIVE ,
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a FT . PI ERCE , Florida 3 2 9 6 0 ("Property Address"};
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TOGETHER WITH ali the improvements now or hereafter e~ected on the property, and all easements, rights,
appurtenances, reats, royalties, mineral, oil and gas rights and profits, water rights and stock and ail fixtures now or hsreafter a
part of the property. All replacements and additions shall also be covered by this Security Iastrument. All of the foregoing is
rzFerred to in this Security InsUu~ent as the 'Property."
BORROWER COVENANTS that Bonower is lawfully seised of the estate hereby conveyed and has the right ro mortgage,
~ g~ ant and convey the Property and that the Property is uaencumbered, except for encumbrances of record. Bonower wanants
~ and will defend generatly t6e title to the Property against all claims and demands, subject to any enewnbrances of record.
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~ THIS SECURITY INSTRUMEI~IT comb'snes uniform covenants for national use and non-uniform covenants with limi[ed
~ ~~ariatioas by jurisdidion to constitute a uniform security instrumeat coveriag real property.
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, FLORIDA»Singlc Family-FN,'NA/FHLMC UNIFORM INSTRUMENT Form 301012J83
' f c5.alOl P~t 1 0[~ Prep~rcd br O R
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